Which step follows the asset valuation in the risk management process?

After asset valuation in the risk management process, the next logical step is vulnerability analysis. This process involves identifying weaknesses in the organization's systems, processes, or assets that could potentially be exploited by threats. Understanding vulnerabilities is crucial because it provides insight into where the organization may be most at risk and helps inform the development of strategies to mitigate those risks.

By conducting a vulnerability analysis, an organization can prioritize its resources and efforts toward addressing the most critical weaknesses, thereby enhancing its overall security posture. This step follows asset valuation, as knowing the value of each asset helps to understand the potential impact of any vulnerabilities that are discovered. The identified vulnerabilities can then be evaluated in conjunction with the assets’ value to better determine the risk each poses to the organization.